Economic hardship: Mahama outlines measures to reduce price of food and other essential commodities

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Flagbearer of the National Democratic Congress (NDC), John Dramani Mahama has outlined measures that his next government will implement to reduce the price of food and other essential commodities if elected as the president of Ghana again in the December 7 polls.

According to the former president, the daily increase in the price of food and other essential commodities is as a results of economic mismanagement under the current New Patriotic Party (NPP) government led by Nana Addo Dankwa Akufo-Addo and Dr. Mahamudu Bawumia.

He said there is the need to halt the hardship on people and go back to the days of price stability to bring relief to Ghanaians.

In a post on his X, Mr. Mahama said among other things his administration will scrap six draconian taxes which include the E-levy, Covid levy, 10% bet winning tax, Emission levy to reduce hardship.

Adding the NDC government will reset the unjust VAT system to help reduce the price of food and other essential commodities.

“I am clear in my mind what has to be done to halt the daily increase in the price of food and other essential commodities because of the economic mismanagement by the government of Akufo-Addo and Bawumia.” He said.

Below is his post:

I am clear in my mind what has to be done to halt the daily increase in the price of food and other essential commodities because of the economic mismanagement by the government of Akufo-Addo and Bawumia.

We must halt the hardship on people, and go back to the days of price stability.

As stated in the Resetting Ghana Manifesto, a number of key interventions, which will reset the economy and prepare it for growth will be implemented.

1. Scrap six draconian taxes: Including the E-levy, Covid levy, 10% bet winning tax, Emission levy and more.
2. Reset the Unjust VAT system: Which is burdening the populations and businesses.
3. Apply the Price Stabilization and Recovering levy system.
4. Launch a Special Pension Scheme for informal sector workers
5. Roll out a $10 billion “Big Push” policy for strategic infrastructural development

Source: Elvisanokyenews.com